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Naira and Dollar

Forex: CBN seeks support of IATA to curb ‘ticket renting’ in Nigeria

Domiciliary account balances in Nigeria estimated at $16 billion

October 3, 2021 Olajide 0

…Why it cannot be converted into Naira by CBN Nigeria has an estimated $16 billion in domiciliary accounts of commercial and merchant banks, data from […]

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CBN directs banks to create mobile app for forex following ban on sales of forex to Bureau de Change operators

CBN directs banks to create mobile app for forex following ban on sales of forex to Bureau de Change operators

July 29, 2021 Olajide 0

The Central Bank of Nigeria has directed Deposit Monetary Banks (DMBs) in Nigeria to create mobile applications and alert systems to update customers of their […]

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